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- CPS Hotel Card Not Present Debit and CPS Car Rental Card Not Present Debit
CPS Hotel Card Not Present Debit and CPS Car Rental Card Not Present Debit
CPS Hotel Card Not Present Debit and CPS Car Rental Card Not Present Debit are the Visa Interchange Rates for a card not present debit transaction accepted at a Hotel or a Car Rental merchant location.
Interchange fee: 1.75% + $0.25
- Cardholder and card present, signature obtained, incremental electronic authorizations permitted
- Original authorization must include expected duration of stay/car rental
- Read & transmit complete magnetic stripe, (key entered transactions with the Preferred Customer indicator included in the auth request)
- Folio/car rental agreement number required in clearing data
- Settled amount must be within 15% of total amount authorized
- Transaction date must be check out/car return date
- Transaction settled within 1 day of check out
- Authorization response data included in settled transaction.